Dear Startups: Don’t repaint, reinvent
I feel hungover. No, not in the traditional sense, but in the dizzying way you feel when half of your world is celebrating double vaccinations and no masks, and the other half, across the world, is mourning death and not a shred of light at the end o.....»»
Why some AI companies are securing massive funding despite economic downturn
Despite the economic downturn, some AI startups have had no trouble raising huge investment rounds, hinting at the AI market's future. Despite the economic downturn, some AI startups have had no trouble raising huge investment rounds, hinting at.....»»
Li Auto reported 21.5% gross margin in 2Q22, saying new model coming soon
Li Auto, one of China's promising electric vehicle (EV) startups, reached total revenues of CNY8.73 billion (US$1.3 billion) in the second quarter. With a slightly decreasing gross margin of 21.5%, the company said it will launch a new model "sooner.....»»
The Curious Afterlife of a Brain Trauma Survivor
Sophia Papp emerged from an accident with her personality transformed. She tried to continue on as before—until she realized she could reinvent herself......»»
Li Auto reported 21.5% gross margin in 2Q, saying new model coming soon
Li Auto, one of China's promising electric vehicle (EV) startups, reached total revenues of CNY8.73 billion (US$1.3 billion) in the second quarter. With a slightly decreasing gross margin of 21.5%, the company said it will launch a new model "sooner.....»»
China-based startups cut striking figures in car-use ICs
China-based startups have played an important role in developing car-use ICs for applications like smart cockpits, ADAS (advanced driver assistance system) and autonomous driving, but are expected to face large competitive challenge over the next fiv.....»»
Commercial EV startups are burning cash and in a race to deliver vehicles
Boosted by investor hunger to create the next Tesla, commercial EV makers have raised hundreds of millions of dollars as they seek to emulate Elon Musk's success......»»
Lucid faces production pressure in Q2 earnings
Lucid Motors reports Q2 earnings after the market close Wednesday amid recent job cuts by EV startups Rivian and Tesla. For Lucid, there's pressure to improve on its first-quarter deliveries of just 360 vehicles and boost sales revenue......»»
Rivian takes on the challenge for EV startups — service centers
Rivian is expanding its service centers in the U.S. and opening its first store in Canada as sales rise. EV startups face service challenges compared with legacy automakers......»»
Why we need to stop reinventing smartphones with secondary screens
Smartphone brands are trying to reinvent the phone's back with secondary displays and distracting LEDs. Here's why I don't think it's working......»»
Amazon Seeks to Reinvent Health Care With Purchase of One Medical
Perhaps one day when you go to the doctor your groceries will be waiting for you. The post Amazon Seeks to Reinvent Health Care With Purchase of One Medical appeared first on ExtremeTech......»»
Ultra-fast delivery was all the rage during the pandemic. Now these startups are trying to survive
In early March, after two ultra-fast delivery startups shut down in New York City in a single week, a self-proclaimed pioneer in the space appeared to see an opportunity for some media attention......»»
Infinio Capital launches Ignition Fund 1 to invest in global space tech startups and foster ecosystem in Taiwan
Early-stage venture capital firm Infinio Capital announced on July 20 the launch of its US$20 million "Ignition Fund 1," to invest in space tech startups and help build up a space tech ecosystem in Taiwan in the next two years......»»
Web3 promising for startups, says AppWorks chairman
Fluctuations in stock markets and currency exchange rates have impacted venture capital investment in startups, but it is now the best time for entrepreneurs, with Web3 being a promising sector, according to Jamie Lin, chairamn for AppWorks Venture......»»
Stellantis to invest in auto, mobility tech startups
The automaker is looking to foster innovation within its ranks and be a venture capitalist that supports promising outsiders — not only to benefit those companies but to achieve its own financial goals......»»
Israeli OT Cybersecurity Startups (2): Siga elevates OT cybersecurity to "Level Zero"
It is critical to have security systems in place that prevent any unauthorized personnel from gaining access to your company's system. If an attacker were able to, they could gain control over the victim's programmable logic controllers (PLCs) and al.....»»
GameStop Launches NFT Marketplace
GameStop on Monday announced the long-awaited debut of its online marketplace for nonfungible tokens, or NFTs, in a bid to reinvent its business and cash in on consumer adoption of cryptocurrencies and blockchain technology. CNBC reports: The platfor.....»»
Klarna"s Valuation Slashed by $39 Billion Amid Fintech Rout
Klarna Bank's valuation has been slashed to $6.7 billion in its latest funding round, in a dramatic reversal for one of Europe's most high-profile startups. From a report: The buy-now-pay-later giant said it raised $800 million from new and existing.....»»
Baserow Challenges Airtable With an Open Source No-Code Database Platform
An anonymous reader quotes a report from TechCrunch: The burgeoning low-code and no-code movement is showing little sign of waning, with numerous startups continuing to raise sizable sums to help the less-technical workforce develop and deploy softwa.....»»
What May Be Coming To Startups, 2022 Edition
Elad Gil, a high-profile angel investor, writes: The high level view is that things have yet to get truly bad in private tech. 2021-2022 were an anomaly due to COVID policies which both created an incredibly cheap low interest money environment, pump.....»»
Two Seattle startups racing to transform next-gen space travel
The phrase "nuclear energy" conjures images of large steaming towers or Tony Stark's arc reactor from the iconic "Iron Man" movies. But two Seattle-based startups are designing nuclear technologies small enough to pick up and carry that, thanks in pa.....»»